Posts

The USD showed the potential to breakdown against many majors

The USD (DXY) has been range bound for months, and mostly this is a product of many cross currents in the markets. Equity market volatility, weakness of fundamental data globally stating to seep in, the FOMC looking to be at the end of their hike cycle, China and US trade war brewing, and the list […]

Chart of the Day -Precious Metals- (Dec. 19th 2018)

Both popular precious metals (gold and silver) posted key reversal days today.

Chart of the Day -CADJPY- (Dec. 6th 2018)

The CADJPY held key support today. This was horizontal support and also trend line support spawning back from 2016 as well.

Chart of the Day -CADJPY- (Nov. 20th 2018)

The CADJPY has been range bound for about the last 30+ trading days, but broke lower out of the range today.

Crude Oil Blog Post

After a 55% rally since the 2017 lows, crude is now vulnerable

2018 – The Year Ahead

2018 is nearly upon us and the past year was certainly full of interesting events. Potentially dangerous political events in the EU – such as the French & German elections and the Catalan independence referendum – were safely navigated.

JPY crosses: Where to now?

The Yen has been consolidating in price since 2016, following two major moves since the global financial crisis. The 4-year bear move from 2008 till 2012 saw the USDJPY drop from 123 to roughly 75, nearly 40% lower.